The agreement between Boeing's Liquid Robotics and Sagar Defence Engineering builds on the joint US-India Roadmap for Defence Industrial Cooperation
Pitching for developing indigenous capabilities for defence manufacturing, Air Chief Marshal A P Singh on Friday said the Indian Air Force would prefer a "homegrown" system even if it gives "slightly lesser performance". Speaking at the Chanakya Dialogues conclave here on the theme of "Bharat 2047: Atmanirbhar In War", the Air Force chief also said that there is a need for manufacturing at least 35-40 military aircraft in India every year and stressed the target is not impossible to meet. He said the IAF's first priority when it comes to acquisition, is "anything that is homegrown". "So I'm very convinced in my mind that even if a homegrown system gives me a slightly lesser performance... if it is 90 percent or 85 percent of what I get in the world market, we will go for homegrown system because that is the only way we can get over with always looking outward to get our systems," he said. "But at the same time, a homegrown system cannot just happen overnight. It will take time and
Navy chief Admiral Dinesh K Tripathi has said India's semiconductor policy is essentially "new oil for the economy" and important to improve the country's defence manufacturing. Speaking at an event here on Monday, he also asked the private sector to take the lead in order to make the country self-reliant. If India has to become self-reliant, then the private industry must take the lead in defence manufacturing, he said. The Ministry of Defence has set aside Rs 450 crore this year for the Innovation for Defence Excellence (iDEX) scheme, which aims to help startups and small and medium enterprises (SMEs) innovate, Admiral Tripathi said. "The MoD has earmarked 75 per cent of our modernisation budget for the defence industry, which is almost Rs 1 lakh crore. And out of that, 25 per cent has been earmarked for the private defence industry in this budget. This year, Rs 450 crore has been successfully allocated for iDEX scheme," he said. Since its inception in 2018, the iDEX has signed
The proposed defence MSME (micro, small, and medium enterprise) corridor comprising hubs of ancillary units will primarily feed the UP Defence Industrial Corridor
Bharat Forge on Wednesday said its subsidiary has inked a pact with AM General, USA to supply made-in-India advanced artillery cannons. Kalyani Strategic Systems Ltd (KSSL) has signed a Letter of Intent (LOI) at IDEX 2025 in AbuDhabi, the company said in a regulatory filing. This marks the first-ever supply of cannons from an Indian defence manufacturer to the US, a testament to the strengthening bilateral defence cooperation between our two nations, it added. "It is a testament to our capabilities and a major advancement in our mission to be a world leading artillery solutions provider. This agreement underscores the trust and confidence that global defence leaders, such as AM General, place in our capabilities," Bharat Forge Chairman & Managing Director Baba Kalyani said. AM General Executive Vice President John Chadbourne said the Letter of Intent with KSSL represents an important step in expanding the strategic partnership. "Given KSSL's proven artillery capabilities and our .
The induction of these vessels underscores India's strides in defence manufacturing and maritime security, aligning with its vision to become a global leader in this domain
HDFC share: HFCL has inaugurated an advanced defence equipment manufacturing facility in Hosur, Tamil Nadu
The company has retained its topline growth guidance of 15 per cent in FY25 and expects a 15-17.5 per cent growth in the coming five years, expected to be led by defence, exports, and services
Singapore has made it clear that it will place the highest priority on ensuring the presence of Chinese components in joint ventures with Indian counterparts is kept to a minimum
Prime Minister Narendra Modi spoke about India becoming a global defence manufacturing hub, adding that growth in manufacturing was essential to generate employment in the country
The report says "Indian ammunition is on a fast track to grow, driven by a combination of strategic initiatives and pressing security needs"
Shares of DCX Systems rose up to 8.75 per cent at Rs 348.80 per share on the BSE in Friday's intraday deals
A Member of Parliament from Lucknow, Uttar Pradesh, Rajnath Singh, had taken up the responsibility to head the Ministry of Defence for the first time on June 1, 2019
Governments of countries purchasing arms must declare that they will not send the defence exports from India to any other country
Bharat Forge CMD Baba Kalyani explains what the new government should focus on in its first 100 days of taking office to give Make in India in defence a fillip
Aerospace and defence company, Israel Aerospace Industries (IAI), has opened its Indian subsidiary in New Delhi, according to an official statement. IAI made the announcement at an event held here. The opening of AeroSpace Services India (ASI) is in sync with the Indian government's vision of 'Atmanirbhar Bharat' and 'Make in India', it said. "This also shows the commitment to a strong partnership between IAI and DRDO in developing and supporting advanced systems for the Indian armed forces," the statement said. AeroSpace Services India is the "sole authorised OEM's Technical Representative for the entire Medium Range Surface-to-Air Missile (MRSAM) system," it said. "IAI proudly presentsI as our first major milestone towards India's Atmanirbhar Bharat vision on self-reliance. India and Israel's partnership has witnessed state-of-the-art achievement. This growth and development will create history when our two nations will foster IAI's technology and India's talent and expertise in
A new aerospace and defence policy will be formulated to provide a boost to defence manufacturing in Maharashtra, deputy Chief Minister Devendra Fadnavis said on Saturday. Speaking at the inauguration of 'MSME Defence Expo', a three-day event organized at Moshi in Pimpri Chinchwad near here, he said Pune has developed an ecosystem conducive for defence manufacturing in recent years. "Maharashtra is leading the country in defence manufacturing. We host the Air Force Maintenance Command, Army Southern Command, the Indian Navy Dockyard, Hindustan Aeronautics facility, Mazgaon Dockyard, National Defence Academy, and several DRDO laboratories," he said. BDL's missile production facility is coming up near Amravati, the deputy CM noted. Prime Minister Narendra Modi "recognized the country's real prowess", he said, adding that earlier India was dependent on other countries for defence equipment. "Today, countries like US, Russia, France and Germany are powerful because their defence ...
The Indian Army is set to issue a Request for Proposal for a project to produce 1,770 future ready combat vehicles to replace its existing fleet of T-72 tanks
The move will give a boost to Centre's push for 'make in India' initiative in a bid to promote self-reliance in the defence sector and overall economic growth
Air Chief Marshal VR Chaudhari has said the IAF has indigenised more than 60,000 components in the last two to three years. He also said the Air Force cannot rely on foreign OEMs (Original Equipment Manufacturers) for repair and overhaul maintenance activities and that it has to be done in-house. The IAF chief was speaking with reporters on the sidelines of a programme held in the Bhonsala Military School in Nagpur on Saturday. Queried on tracing the wreckage of a transport aircraft of Indian Air Force in the Bay of Bengal off the Chennai coast, the Air Chief Marshal said, "Unfortunately, it took so long but finally we at least got the technology to (explore) deep sea and locate such things in seabed". "We are grateful to the Ministry of Ocean and Earth Sciences for facilitating this and to be able to discover this wreckage. It brings closure to a long pending sad accident". The wreckage of an IAF transport aircraft has been located at a depth of around 3.4 km in the Bay of Bengal